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Business
24 articles · Updated continuously
Business
France Opposes EU Plan to Fast-Track Trade Deals Using Only English
France is pushing back against a European Commission proposal to use only English-language versions of trade agreements during ratification to speed up the process.
BusinessRyanair CEO Michael O'Leary Refuses to Apologize for 'High-Fare Rapists' Remark
Ryanair chief executive Michael O'Leary has declined to apologize to the Dublin Rape Crisis Centre after using the term "high-fare rapists" to describe rival airlines.
Business⚡ 6.0Rising Energy Costs and Interest Rates Pressure Private Credit Borrowers
Private credit borrowers face a dual strain from higher energy-driven inflation and rising interest rates, complicating debt refinancing efforts.
Business⚡ 6.0China Unveils Five-Year Plan to Strengthen Automotive Industry by 2030
China has launched a new five-year development plan for its intelligent connected new-energy vehicle industry, aiming to solidify the sector's role in the national economy by 2030.
Business⚡ 6.0UK economy sees surprise growth in July driven by AI sector
The UK economy expanded by 0.4% in July, exceeding analyst expectations, with growth supported by the services sector and AI-related businesses.
European Central Banks Shift Gold Reserves Away From US
European nations are relocating gold reserves from US facilities to Europe and London, citing concerns over geopolitical stability, crisis access, and US policy.
BusinessYuen Kee Food Group Clears HKEX Listing Hearing for IPO
Yuen Kee Food Group has received approval from the Hong Kong Exchanges and Clearing for its IPO, with plans to launch the offering in October.
Business⚡ 7.0Brent Crude Oil Prices Exceed $105 Per Barrel
Brent crude oil prices have surpassed $105 a barrel amid rising Middle East tensions and record-high U.S. gasoline prices.
Business⚡ 7.0ECB Raises Interest Rates to 2.5% Amid Inflation Concerns
The European Central Bank increased interest rates to 2.5% as rising energy costs, fueled by Middle East conflict, drive inflationary pressures.
Business⚡ 6.0Primark to Launch Home Delivery Service in Britain
Primark plans to introduce home delivery in the UK, marking a shift in strategy as the retailer faces increased competition and subdued sales.
Trump Warns Iran Over Construction at Pickaxe Mountain Nuclear Site
President Trump warned Iran against further activity at a suspected nuclear site near Natanz, as tensions escalate with naval clashes near the Strait of Hormuz.
HOF Consortium Completes Purchase of Bugatti Stake from Porsche
Porsche has finalized the sale of its equity stake in the Bugatti Rimac venture and its holding in Rimac Group to a consortium led by HOF Capital.
European Commission Proposes Preference for EU Firms in Public Procurement
The European Commission has proposed new rules allowing public authorities to favor European companies and products in key sectors, potentially excluding firms from countries like China.
BRICS Leaders Convene in India Amid Questions Over Group's Purpose
India hosts the 18th BRICS summit in Delhi, balancing the interests of original and new members while navigating internal geopolitical tensions.
Business⚡ 6.0Chinese AI firm DeepSeek taps underwriters for Shanghai IPO
Hangzhou-based artificial intelligence firm DeepSeek has hired underwriters, including Citic Securities, to prepare for a domestic IPO on the Shanghai Stock Exchange's Star market.
BusinessLearner drivers face ongoing delays for practical driving tests
Despite record-breaking test volumes, learner drivers continue to face waiting times of up to six months for practical driving examinations.
Business⚡ 7.0UK Flight Disruptions Continue as Nats Boss Faces Calls for Resignation
More than 1,900 flights have been cancelled following a technical failure at the National Air Traffic Services (Nats), prompting government intervention and calls for leadership accountability.
Google to Invest $15.1 Billion in Finnish AI Infrastructure
Google announced a 13 billion euro investment to expand its AI infrastructure in Finland, representing the company's largest single investment in Europe to date.
BusinessOctopus Engages Wonderful for AI Transformation Initiative
Octopus Cards Limited has partnered with Wonderful to develop AI-enabled services as part of Hong Kong's Generative Artificial Intelligence Sandbox++ initiative.
BIVA CEO Discusses Investor Engagement During Mexico Investment Week
Maria Ariza, CEO of the BIVA Stock Exchange, highlights the role of Mexico Investment Week in maintaining investor interest amid geopolitical and trade uncertainty.
Business⚡ 7.0UK and Ireland Air Travel Disrupted by Nats Technical Issue
A technical problem with the air traffic control provider Nats has caused widespread flight cancellations and delays across airports in the UK and Ireland.
Qatar and UAE Use Emergency Ship-to-Ship Transfers to Bypass Hormuz Blockade
Qatar and the UAE are utilizing complex ship-to-ship transfers to maintain LNG exports as the ongoing war continues to block the Strait of Hormuz.
Business⚡ 7.0Oil Prices Near $100 Amid Saudi Attacks and Rising UK Mortgage Rates
Global markets face volatility as Brent crude approaches $100 per barrel following attacks on Saudi energy facilities and UK mortgage rates reach multi-month highs.